not exceeding one hundred and fifty tons, and that the said director, as soon as the needful preparations shall be made, cause the copper by him purchased to be coined at the mint into cents and half cents, pursuant to “the act establishing a mint, and regulating the coins of the United States;”1792, ch. 16.
whence to issue. and that the said cents and half cents, as they shall be coined, be paid into the treasury of the United States, thence to issue into circulation.
Director to publish when a certain sum has been paid into the Treasury.Sec. 2. And be it further enacted, That after the expiration of six calendar months from the time when there shall have been paid into the treasury by the said director, in cents and half cents, a sum not less than fifty thousand dollars, which time shall forthwith be announced by the treasurer in at least two gazettes or newspapers, published at the seat of the government of the United States, for the time being, no copper coins or pieces whatsoever, except the said cents and half cents, shall pass current as money, or shall be paid, or offered to be paid or received in payment for any debt, demand, claim, matter or thing whatsoever; Penalty for offering to pass other copper coins.and all copper coins or pieces, except the said cents and half cents, which shall be paid or offered to be paid or received in payment contrary to the prohibition aforesaid, shall be forfeited, and every person by whom any of them shall have been so paid or offered to be paid or received in payment, shall also forfeit the sum of ten dollars, and the said forfeiture and penalty shall and may be recovered with costs of suit for the benefit of any person or persons by whom information of the incurring thereof shall have been given.
Approved, May 8, 1792.
Statute Ⅰ.May 8, 1792
Chap. XL.—An Act for making compensations to the Commissioners of Loans for extraordinary expenses.
Stationary, &c. allowed to Commissioners of Loans.Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the Commissioners of Loans in the several states shall be allowed, in the settlement of their accounts, such sums as shall appear to have been necessarily expended by them in the purchase of stationary for the use of their several offices, and also for the hire of clerks to assist in executing the duties of their respective offices, from the first day of October last, until the first day of March one thousand seven hundred and ninety-three.
Approved, May 8, 1792.
Statute Ⅰ.May 8, 1792
Chap. XLI.—An Act making certain appropriations therein specified.